To me, it's a question of do you want to spend money on conduit or closing the walls. Each has it's advantages and disadvantages. I decided early on that I was going to cover my walls with OSB so I didn't even consider conduit. The OSB is functional and I kind of like the way it looks. The best part is I can and have unscrewed it to remove one or more panels for access after the initial installation.
You certainly could do conduit behind a covered wall. It does offer some protection from the errant nail or screw and it does offer some degree of future proof. But the reality, as others have already suggested is the future requirements are rarely where you think they might be. It's pretty unusual that you say, I want to replace that 110V outlet with a 230V outlet in the same spot and it will fit in the same box. It's much more usual that you add a piece of equipment where nothing exists and say now I need the appropriate power there. The conduit wouldn't help you with that unless you went way overboard and even then, you would have to have appropriate boxes at the ends of the conduit.
There are a couple of places conduit can be helpful for future proofing, especially if you drywall where you can't easily open things up. One is low voltage wiring where you can mix different types of wiring. Even if you "future" proof by installing a couple of cat6 in multiple locations, you might decide you need speaker wire or some other type of low voltage wire in that same location. Another situation is when you know you will want a compressor or a tool in a specific location but you haven't picked out a particular model. Then you can run empty conduit to a box that will be appropriate for most models and actually run copper when you figure out exactly what you need without opening the walls again.
Certainly anywhere that's difficult or expensive to gain future access to, if there's any reasonable likelihood of future needs, it makes sense to run conduit (and multiple runs). For example from floor to floor in a multi-story structure with limited access between them or when burying electrical conduit from the house to the garage.